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20121207
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Search Results 0 to 21 of about 22 (some duplicates have been removed)
will hunker down, particularly are the whole fiscal cliff story hanging. even if it goes over, which i predict it will -- >> so do i. >> diana, what are you seeing? >> in the high ends where dolly works, of course it's going to have a big effect. let's keep this in perspective when we look at the housing recovery. homes price ed over $1 million were just 1.7% of sales in october. this is a minuscule amount when you look at the overall housing market and the recovery. that's why we're not seeing prices come down. also, remember the high end was hit the hardest in the housing crash. if you bought your home, your multimillion dollar home five, four, even three years aerks your price has probably come down so much that you're not really looking at any capital gains when you finally do sell this home. >> that's a really good point. it is a small portion of the overall real estate market. >> without a question. >> what are you expecting in terms of pricing? when will we see prices start coming down? >> well, we may see it come down in pockets. for example, the upper east side, there's a lot of devel
the so-called fiscal cliff, but as the clock ticks down to mandatory spending cuts and tax hikes, negotiations to reach a deal look like they are at a standstill. and now, live to washington with the latest. steve? >> that deadline for action could be fast approaching but the two sides do not appear to be in a hurry, instead of negotiating a deal the players spent their unsunday in -- sundy taking their views to the public. speaker boehner appeared on fox news sunday expressing his surprise when geithner laid out the white house plan of action, calling for a new revenue and stimulus spending. >> i was flabbergasted. i have never seen anything like it. we have several weeks between election day and the end of the year and three of those weeks have been wasted with this nonsense. >> for his part, secretary geithner saying the ball is new in the g.o.p.'s court and he says the administration is ready to move forward if republicans agree to raise taxes on wealthy americans and specify their own demands for reducing government spending and he defended the plan that speaker boehner says
't they know about the fiscal cliff? >> they look to be down 10%. >> we'll watch it. as people know in this market, many times the stock price has been going up. we'll keep an eye on this. it may be throwing people. what does it say about copper overall and the price of the metal. >> i worry, by the way, watch energy 21. this is exxi. another company that bought old properties. one of the things that's happening that's driving this, okay, is that there's new technology. american technology that's able to access oil that the big guys have given up on whether it be exxon given up on energy 21 has or bp and it turns out that these fines may have been bigger so pxp takes advantage of the fact there's new technology. pxp is a deal maker but ready to trade because capital gains taxes are going up. could be a fiscal cliff. the gulf is hotter than it's ever been even a few years ago it was ice cold. >> big story in the journal about exploration in this country. production 15-year high. brand new chapter here. look at the bottom of your screen. citigroup is cutting 11,000 jobs. we want to ge
carlson. the president shoots down the republican's offer on paper to avoid the fiscal cliff. but is it because it's a bad deal or is it because the president's favorite deal could be actually go over the cliff? we'll explore it. >> brian: prince william rushed to the hospital where his pregnant wife and future king or convening of england is located. a frightening rare health scare. she's experiencing right now. we're going to go live at that hospital. also talked to dr. siegle at the couch about what she's going through. >> steve: then they can fetch and roll over, but did you know dogs can drive? we've got the evidence. look at that. >> brian: i knew. >> steve: stick shift. "fox & friends" and fido for this tuesday, hour two starts right now. >> gretchen: good morning, everybody. if you missed the open of our 6:00 a.m. hour, i don't think we can top it exactly right now. unless somebody else wants to call brian and he wants to put his phone back -- >> brian: time of crisis of the control room supported me. gretchen cut me. and my favorite family called me. >> steve: this i
. amanda says i can't afford to go off a fiscal cliff. i'm cutting down in expenditures and gary says i'm prepared to get my passport and look for a new country. stick a fork in it. we're just about done. are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate t
down the days to christmas. mom and dad, to count down the days until the fiscal cliff until we fall off of it in 30-days. in legislative language they have two weeks to carve out a deal. republicans or democrats miles apart. >> two weeks because they take christmas off. congress does. >> starting the 149. -- 14th. >> they got canceled. >> congress never really shied away from vacation time. they get on planes and get out there. president obama is blaming the republicans for this stalled proposal right now. listen to the president. >> if congress does nothing eerie familiar -- every family will see income taxes go up at the beginning of next year. a typical middle class family of four will see income taxes rise by $2,200. it's unacceptable for some republicans in congress to hold middle class tax cuts in hostage because they refuse to let tax rates go up on the wealthiest americans. >> congressman ted o says he finds the president's suggestion to congress basically laughable, because the president, you will remember during the campaign the 800 billion number was thrown around for new
about the fiscal cliff not working, it's a mess, it's never going to happen and then you wake up and you're down 15 points monday morning. that's a problem figuring out what to do over the weekend. it could go the other way. generally it's a little bit more on the gloomy side. then you have the problem with december. we're going into the last month. today is the last day of november. people are behind the curve. a shocking number of people i spoke to are below whatever their benchmark is. do you lighten up? do you stay long what you got? it's hard to maneuver around because you need to get outperformance. you need to get alpha in the month of december and a lot of guys that's in short supply right now. there's tough decisions that have to be made in the next couple of days. meantime, we saw futures weaken as we got some of the personal spending and personal income data and personal spending weaker than expected. even accounting for sandy, consumers looking iffy. that's impacting thinking as well. did you see what happened in japan overnight? everybody in japan has become a stimulus guru.
's extend the fiscal cliff for six months and then get serious. nobody seems to want to do that. everybody wants at least a down payment, at least an agreement on the outlines of a tax program and a program on spending and then maybe they would give it more time to finish. >> we're still kicking the can down the road. you're absolutely right. you're going to get a short. term, let's get through the first quarter of 2013-type solution. but the reality of dealing with this economy, its debt, it's deficit, spending priorities and all of that is not going to get done in the next five weeks. so let's be honest about that. i agree with you. i think that they're going to come to a short-term stopgap solution that deals with the cliff, that deals with the bush tax cuts that expire, that deal with the increase in unemployment rate that's due to hit in january. they'll deal with those short-term things, but the long-term systemic substantive points that need to be addressed will not get addressed in the next four weeks. >> steve, how would you markets respond if they decide we'll have a short-term f
and negotiators sort of sit down and workout some of the road bumps here to avert the fiscal cliff. and they don't see campaign rallies, or campaign maneuvers as the way to do that. that being said i think the white house has set out its course here. i think you'll see something a lot different in the fiscal cliff negotiations from the white house than you saw in say the government shut down negotiations a year ago. you are going to see a much more campaigning, much more campaign-like president obama in the next month. jon: you know, some sort of even partial -- neutral observers are saying that the obama campaign won in part because they did a much better job of harnessing the power of social media in this election and driving their voters to the polls. if that succeeded for them in the election, can they do it when it comes to governing? can they make the country, you know, embrace tax increases, for instance. >> yeah it's a huge question. i think there are folks who think that it can work the same way. there are a lot of others who really question whether or not those sorts of tactics, and, y
get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market share. >> interesting. >> thanks, christine. >>> well, the good news is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not face to face. house speaker john boehner and the president are hoping to break the fiscal cliff ice. now we're just mixing metaphors, left and right. speaking on the phone, 26 days left, of course, until we tumble over the cliff or slide down the slope or fall off the precipice or however you want to put it. we could, of course, face massive tax hikes, spending cuts. that's what the fiscal cliff is all about
that the ramifications of the fiscal cliff, um, will be important. i'm optimistic that we're going to get some leadership in washington that'll actually save us from having to go off that cliff or down that hill, if you will. but i think we are -- there's uncertainty. and whenever there's uncertainty, the market will have less volume in it. liz: tom kloet, good to see you. >> thanks for having me. liz: ceo of the tmx group. david: a u.s. plant right in the heart of canada. they don't realize it yet. [laughter] good to see you. >> thank you. david: well, is now the time to buy apple? a morningstar senior equity analyst thinks so and says some of the blame for the recent decline should fall on washington. why? find out why, coming next. liz: plus, choice hotels expanding its upscale brand right here in america. they must believe that there's a real market here. find out why they're starting three brand new upscale ones at least here in new york. steve joyce, choice hotels ceo and president, joining us after the break. ♪ music is a universal language. but when i was in an accident... i was worried the hea
. >>> falling over the fiscal cliff. the dramatic impact it would have on one life-saving organization. >>> also the new twist in the twinkie saga. how hostess could get a second life while executives run off with some big dough? >>> plus willie geist on office politics right here on "weekends with alex witt." ♪ aids is not going to take my baby. ♪ aids will not take our future. ♪ our weapons are testing... education, care and support. ♪ and aids... ♪ aids is going to lose. aids is going to lose. ♪ campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. [ female an
, 2012. i'm gretchen carlson. count down to the edge. 29 days from the fiscal cliff and this is what republicans say about the white house's latest offer. >> flabbergasted. he can't be serious. >> gretchen: but treasury secretary tim geithner says republicans need to make the next move. he's straight ahead. >> gretchen: nfl player murders his girlfriend, kills himself. so what does bob costa say during half time? call for a moment of silence perhaps? no, he pushes for gun control. is that really appropriate? >> steve: that's what he did. sibling rivalry starts in the womb and, ladies and gentlemen there, is proof. the sonogram. that's the first round. twins fighting? can you believe it? that's okay. "fox & friends" hour two for monday starts right now. >> brian: can i lean over now? >> steve: yeah, go ahead. >> steve: that is an extraordinary picture. >> gretchen: it is extraordinary because could it be that the twins in the womb are going no, you move over! i want more food out of that umbilical colored. >> brian: the one thing about that uterus, it's tight in will. >> gretchen: i'm
: the fiscal cliff is looking more and more like a ticking time bomb. with 28 days left to strike a deal and no sign of a compromise between democrats and republicans, rich edson looking at his watch counting down those days. he is at the white house. rich? >> ashley more of a sign of trouble as the administration finally acknowledge it is will have it do planning just in case of the beginning of these trillion dollars worth of automatic cuts begins in january. the pentagon saying it will start doing short-term planning. before this the pentagon was doing no planning for automatic cuts that begin. the pentagon says it hasn't communicated to defense contractors yet about what to expect. all the folks here say they're just hoping congress and the white house get on the page on some debt deal. what is it comes to the debt deal the president speaking to the business roundtable a couple hours ago saying tax rates must go up on families earning more than $250,000 a year. republicans say they will take $800 billion in more tax revenue from wealthier americans only through closing deductions. th
for an older, wiser, business leader. but first -- >>> still to come with the fiscal cliff getting closer -- >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> we will help you rise above the rhetoric. former federal reserve vice chair alice rivlin, all that and much more on "squawk on the street." wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. serves as director of the national budget. recently served as a mechanical of the simpson bowles commission. you look lovely as always. i'm told you're wearing a rather important pin. >> yes, i have on the pin. i'm in favor of rising above all this part san ship and getting deal done. >> you think that's possible, but you're not sure what that can happen by
worse than going over this ledge. we went off the fiscal cliff when the president got reelected so now we are just bouncing down further and further ledge to ledge. but the thing is for him to say we're going to increase spending let me give away more money, are you kidding? have you gotten more solyndras you haven't thrown away? enough is enough. the leverage we have is the debt ceiling. i'm hoping our leadership is going to bring that to bear. >> many feel the leverage the president has he says look i want to cut taxes or keep taxes where they are for those making $250,000 or less. i want middle class taxes to stay low. but the republics, they won't let that happen. he comes forward with a 1.6 trillion though in new taxes in this new deal. what do you think of that deal and where are you willing to compromise in terms of revenues? >> well, the president we had two years ago basically said and i'm not sure who this one is but the one a couple years ago said it would be insane to raise taxes during a recession. we are still in the recession. we are still 8% basically in on unemployment
down -- moving down since the middle of the year. the responsibilities on the fiscal cliff -- if the program put in place is more taxes and big spending cuts, which will push us toward a recession, forgive it. and that's what we're getting. more taxes and big spending cuts. so the idea here is this sort of overall concern that the fiscal cliff issue, even if it's resolved, means more austerity. and that's a problem overall for the markets here. take a look, though. we've held up reasonably well in the ism manufacturing. this goes back for the last several years. the big concern here is the trend basically has been down. we've been sideways for a couple months. and now four out of six months showing contraction. in terms of the market, we're still continuing to hold up pretty well. you notice we don't get any real panic here. that's because of the seasonal time of the year, partly. december to january. very big, strong two-month combination. a lot of people try to get in december, ahead of -- beginning of the month buying in january. the news has been manageable in europe. y
medicarecomplete. martha: taking the fiscal cliff fight on the road now, president obama going to the public with his message today as the clock ticks down on what some lawmakers are calling a potential economic disaster. that is how we start a brand new hour on that sunny thought on a friday morning in "america's newsroom." good to have you here. i'm martha maccallum. bill: i'm bill hemmer. are you doing okay? martha: i'm doing great. bill: second hour here. president obama putting the heat on republicans supporting plan to allow taxes to rise on higher income earners. after days and weeks of meetings with no progress, republicans say he is not meeting them halfway. warning now we're in more danger of that fiscal cliff. melissa: i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. i'm here, seriously trying to resolve it and i would hope the white house would get serious as well. melissa: the president has made clear from the start that he understands that he will not get every item in this proposal or in his budget proposal that
be at risk if we go over the fiscal cliff. i can tell you that all of the defense contractors very nervous about what they're seeing in washington right now. >> put down the cell phone and the breakfast brooit burrito. huron, south dakota has approved one of the toughest bans on distracted driving in the country that includes, listen to this, a ban on eating while you are driving. if anyone is caught texting and driving, they will be fined $100. you can get a ticket if you're eating lunch, reading the paper or putting on your make-up in the mirror. i'm in trouble. make-up and eating. >> head to our blog, cnn.com/early start for the top stories. we're right back. with the spark cash card from capital one, sven's home security gets the most rewards of any small business credit card! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve the most rewards! [ male announcer ] the spark busi
are nowhere close to a deal to avert that fiscal cliff. the obama administration has laid out its plan calling for $1.6 trillion in new taxes. that includes letting the bush era tax cuts expire for those earning more than $250,000 a year. it's also pushing for a new $50 billion stimulus package and offering $400 billion in new cuts to medicare and other entitlement programs. but republican house speaker john boehner flatly rejected the plan on the table and what he calls the white house's unwillingness to compromise. >> i was just flabbergasted. i looked at him, i said, you can't be serious. i've never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. >> you know, i think right now the best thing to do is for them to come to us and say, look, here's what we think makes sense. we've told them what we think makes sense. what we can't do is try to figure out what's going to be good for them. they have to come tell us. >> house minority leader and democrat nancy pelosi also jumping into
Search Results 0 to 21 of about 22 (some duplicates have been removed)